Millennials More Likely To Fall For Tech Scams

Millennials, often portrayed as tech-savvy caricatures, are actually more likely to fall for technology related scams through calls, emails or popup ads as compared to their grandparents, a new survey has found. The survey of about 1,000 adults from 12 countries conducted by Ipsos Public Affairs, a technological survey-based research group, and Microsoft asked the participants about their experience with tech support scams. The survey found that on a global scale just 20% of respondents took the scams seriously and only 9% lost money to them. Interestingly, the survey found that younger users were actually much more likely to fall for scams than their older counterparts. As many as 27% of the 18-24 years olds fell for a scam, with 13% of them losing money. A staggering 32% (nearly one third) of the 25-34 year olds fell for a scam and 18% of them lost money, the survey found. Among the participants who were over 66 years old, there was not much deception. While they encountered technology scams at roughly the same rated as their younger counterparts, they heard out scammers only 11% of the time and gave into them only 3% of the time.